Evolis reports record business activity in 2015

14/01/16

Card customisation and printing solutions firm Evolis has reported sales totalling €18.5 million (US$20 million) during the last quarter of its 2015 financial year, an increase of 6.1% vs. the same quarter of 2014.

The firm noted that despite a strong base effect, business activity in the 4th quarter contributed to the Group’s record performance over the entire year, which was marked by an annual turnover of €76.8 million, an increase of 27.5% vs. financial year 2014, i.e. actual sales in excess of the target previously announced.

The Evolis Group also enjoyed positive trends in exchange rate fluctuation across 2015, amounting to €7 million, which resulted in annual growth at a constant exchange rate of 15.8% vs. 2014.

Throughout the financial year 2015, the Projects business showed growth of 63.1% compared to 2014 (+ 8.8% in the last quarter 2015 vs. last quarter 2014).

This business was driven simultaneously by income from the high-volume
contract with the Republic of Tanzania (€4.8 million) early in the year, the ongoing
bank migration in North America (+ 26.5%) and highly active collaboration
in major projects in the Asia-Pacific area (+ 65.5%).

The Channels business also shows strong growth throughout the financial year
2015, with 17.5% growth in invoicing compared to 2014 (+ 9% in the 4th quarter).
Noteworthy business activities during the last quarter include excellent printing
system sales in the Americas (+ 29.5%) and the ongoing dynamics in India with,
yet again, a steep increase in sales vs. late 2014.

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